Dear All,

I would need help by all parties to escalate this developer whom have been "stealing" money from citizen.

The developer (Magna Prima) was selling their property since year 2010.

The case is as follows:

Many buyers has paid at least RM 150k for the 10% deposit to the developer at least 45 people have signed up to buy the property.

Recently in June 2011, there is a letter stating that UITM is going to take over the property and all buyers are told to meet in the government office in Klang (although property is at Selayang)

After a total of 6 months of waiting and total of 2 meetings, we were told that we will be recieving our deposit back with a RM 300 attendance fee towards the meeting. (till today November 2011, we have till not receive any money back)

However, some people as mention has paid since November 2010 and one year the money at least of RM 200 k (deposit, stamp duty, and lawyer fee) has been paid to the developer and ended up, nothing will be payback but only the deposit + lawyer fee as verbally communicated.

This is so cheating to house buyer as we have lost other opportunity on the alternative purchase of property (every month, property price has been increasing like mad), lost of interest gain from EPF and banks.

Kindly please view the reference below for your reference on the house purchase.
http://www.myrealestate.com.my/viewtopic.p...8f2153bbc1c36f7
http://forum.lowyat.net/topic/1605598

Agreed. but at least there is one known developer whom is having multiple projects now around KL such as Jalan Kuching, Shah Alam

Hi Kenny Yew, yes, the project has been called off in June 2011. all buyers will only get refund of the deposit, and lawyer fee. (buyers will lose out interest fee and stamping fee and all the lost of opportunity after waiting for a year to stay at their dream home)

There are many people whom have paid 10% if includes the lawyer fee and stamping fee it could cost up to RM 200 k per unit for upfront payment.

As mention, there were 45 buyers whom have bought the unit, some bought since November 2010 and the money was hold with the developer and it has causes all house buyers to feel that the developer have borrowed money from buyers without needing to pay interest to run their Business.

There is another project near the Hot Spring Selayang has eventaully delayed on the handover process as there was a CF problem.

Buyers for One'Sierra was launching a complain to the developer and the developer did not make any comment and ignore 50 + buyers at the area.

So at least, kindly please be reminded that at least Magna Prima Berhad has a case on cheating buyers.

Dear all.

Thanks for the concerns.

Of course there is nothing to be happy about as 45 buyers have paid many sum of money to developer and due to the famous Tai Chi game they are playing around, the buyers emotion has been worsen.

There were buyer mention that this was a dream home as it's located about the cliff and they have been renting house for their whole life and the developer has broke their passion for buying a house in Selayang area.

Hence, this topic is to head's up on all the buyers that at least Magna Prima would not be even in your choice of consideration for choosing your property.

We were told that we will be receiving the refund document from the land office 3 weeks back but seems like there isn't any response other than hearing ringtones and musical waiting "hold" tone.

We are looking into filling a sue case to claim back the lost of interest and the money which we have paid to the developers.

It is unlikely to buy a property where the developer holds all your money in hand to turn over with their business. logically, this is definite a con or a some sort of misleading business solution.

BTW, anyone know how do we file for a sue case ?

---

Added on November 9, 2011, 6:35 pmRegarding of your statement, this is what we heard when we discuss with the developers.

We did not deal with Dato Manjit (which i know him in person for engaging him and his partner for multiple legal case advisor).

Land Acquired by the government was since June and buyers have been asking for their refund to seek for other opportunity.

it's like i've taken your money for the next 1 years not returning anything to you. would you be happy ? ?

Regards,

---

Added on November 9, 2011, 6:38 pmHi,

About Talam, yes i'm aware they were having the same problem with Port Dickson development as well.

however, no one make any complaints to the court and kept the case silence (most extend was to news paper)

but in official, i would think that launching an official case to high court will be the way to solve this issue.

This post has been edited by lowhankim: Nov 9 2011, 06:38 PM

Hi,

There are 2 concerns that i'm thinking.
1st there isn't any protection against the purchaser

I've seek the followings but no luck till now:

1) I've called the high court, response is that i need to engage a lawyer to sue on this case. @ 03 6209 4000
2) I've called 2 firms on this and both gave answer that it will cost not less than RM 10,000 to proceed with documentation and all related man power on this.
3) I've called ministry of higher education and were to speak to an officer name Cik Umamania, but no one has pick up calls. @ 03 8870 6000
4) I've called the JKPTG to look for the officer in charge, Mr. Zaim, and he was nicely to inform as that they are just the intermediate for Ministry of education and developer on this case @ 03 3341 4194
5) I've called ministry and housing government, no one pick up call @ 03 8891 4723
6) I've called consumers affairs @ 03 7877 9000

I think i will launch a civil police report to log a case on this matter. (which is the last solution)

anyone have any resourceful ideas?

well, we have all spoke to the developer, and the developer said that the money will be pay back by the government (tai-chi game)

but actually, the money we pay was directly to the developer and it has nothing to do with the government at all.

so in conclusion, the reason i post up this topic is because this is one true developer whom :

1) do not want to deal with buyer on the refunding status.
2) Tai-Chi game all the way with no promising date of payment to be release.
3) irresponsible by still selling property when the land officer have sent them a letter to restrict the property to be sold.
4) everything push saying it's the government (as you mention, we pay direct to developer, developer refund instantly)

so Magna Prima is a NO BUY property.

Yeap.. Totally agree with you on this. which i would hope that (with finger cross) no other buyer during the transaction period of changing company name will buy the property for now...

Hi,

Thanks for the advise, i've been there but still nothing has been done.

However, i've paid for RM 750 for Lawyer to issuedletter to both JKPTG and the developer. But no news for both until JKPTG recently mention that they have prepared the cheque.

I manage to collect back my deposit but the JKPTG, Cawangan Selangor is really not helpful.

We have been promise by Hanyati and Faridah that the cheque will help us to bank in 1 month ago, but eventually it is not done.

We have to make our trip to Klang to collect the money.

In conclusion, Malaysia sincerely have no protection against buyers and government department is seriously THE worst service.

for Home buyers, it is a risk to get a house with leasehold title and i've lost more than 5 K (Interest, multiple meetings at KLANG office, Lawyer Letter, Signed S&P, Unpaid Leave and etc)

this is call BN boleh, Malaysia Boleh... haiz...

Dear All,

It's been sometime and yes, after going thru multiple disclosed steps and procedures, I am able to collect back the full refund + RM 100 for travelling fee.

I'm in the court case to use the developer on the misleading information which leads buyers to purchase the property. (as mention, property was hold to sell on July 2011 and I bought it in August 2011).

My lawyer are claiming a compensation of lost of RM 12k.

Just to keep in mind that, the developer (Magna) does not response to you and will keep on delay you on reply, either with the same old story saying that their staff has been reassign or resigned... which it's none of our consumer concern as that's the company administration matter.

Regards,
...

Dear Jeghui,

Sorry that I wasn't aware of your reply

It's not because it was Malay (please don't be racist, we are merely linking to boycotting towards the unfair developer), most directors was link to politician parties for Umno and BN. you can easily check from board of directors information in 2011 and if you do invest in Shares account, you can have access to information easily and cross check with the member list in Umno and BN.

We have been to the following steps:
1. launch public complain
2. launch police report
3. launch complain to housing development and ministry department

All the above have took more then 3 -5 months of waiting but did not work out. The last resources is that we went towards both political party as last resources to seek help and opposition responded quickly and have our problem solve - fast. imagine 80k - 100k, the deposit you have are place at other people's hand with no interest gains. how will you feel ? you could gain 3 % from FD, 6.6 % deduction of home loan.

I'm no politician and bias, but it's politics that roles your country which also indicate the level of service you received. Political parties are important in any country.

That's my response to your question.

I'm not sure, but be aware with any subsidiary company whom is linked to Magna Prima.

The last I bought was from a developer name Crossbuilder, with a small font size written next to it says : a sub division from Magna Prima.

Unlikely... why say so ?

It's pretty common that Magna Prima workmanship is bad, but they are government linked company and theis company will not die or close down no matter how many report from different have reported...

Nope, didn't see Dato Lee name at any investor report or linked~~ maybe it's speculation ?

But just beware ...

Ah ... that Lee, yes, he is using his wife and sons name to run business...

I went to their show room today and I saw customers complaining on the progression... it has been more than 4 years... any buyer ?